Marine Insurance
Insurance is charged @ 3% of the value of the goods with a min or R380.00 . Total loss cover is offered for goods packed by owners. Comprehensive cover is offered to professionally packed goods accompanied with a packing list done by the packing company.
We need to get the full replacement value of the items noted in the proposal form in order to provide a valid quotation.
Please note that packages has to be specially numbered by the Owner and contents of each package to be valued and declared on the inventory list.
Please note that unless contents and values of each package is declared on the inventory list cover thereof will be limited to loss and/or damage caused by fire or collision of the aircraft or if the aircraft crashes – this will have to be a total loss of all the goods.
If the insured had declared all goods as mentioned above we will be able to provide him with All risk type cover of the goods, which will include the physical loss or damage to the insured items.
Rates to be used for exports is 3.0% of the total sum insured and excesses would be as follows:
R 1,500.00 each and every claim except for theft, hijacking, armed robbery and non-delivery of the entire consignment which will then be 5% of claim minimum R 5,000.00
